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added to which profit

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › added to which profit

  • This topic has 2 replies, 2 voices, and was last updated 9 years ago by Jean96.
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  • December 1, 2016 at 7:16 pm #352958
    Jean96
    Member
    • Topics: 77
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    • ☆☆

    where is excess annual allowance added under which profit and balancing charge or allowance added or deducted

    December 4, 2016 at 11:29 am #353667
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    If you mean AA charge then it is added to the income tax computation as non savings income

    December 5, 2016 at 8:03 am #353947
    Jean96
    Member
    • Topics: 77
    • Replies: 67
    • ☆☆

    and for the profit or loss on disposal ie balancing charge and balancing allowance

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